Phocas Financial Corp. Q1 2023 vs. Q2 2023 13F Holdings Comparison

Sterling Infrastructure Inc Leads the Pack with a 24.7% Increase in Holdings

Phocas Financial Corp. recently released its Q1 2023 vs. Q2 2023 13F Holdings Comparison report, detailing the changes in holdings for various funds. Among the companies mentioned in the report, Sterling Infrastructure Inc stood out with a significant increase in holdings. Let's take a closer look at the notable changes in holdings for some of the companies mentioned.

Sterling Infrastructure Inc, which specializes in infrastructure development, saw a promising increase in holdings. In Q1 2023, the fund held 321,067 shares of Sterling Infrastructure Inc, but by Q2 2023, that number had increased to 271,757 shares. This 24.7% increase in holdings demonstrates the fund's confidence in the company's growth prospects.

Modine Manufacturing Co also experienced a substantial change in holdings. The fund held 423,976 shares of Modine Manufacturing Co in Q1 2023, and that number only slightly decreased to 421,235 shares in Q2 2023, showcasing the fund's continued interest in the company. With a 42.3% increase in value between the two quarters, Modine Manufacturing Co holds great potential for investor returns.

On the other end of the spectrum, Armada Hoffler Properties Inc saw a slight decrease in holdings. The fund owned 835,612 shares of Armada Hoffler Properties Inc in Q1 2023, but that number dipped to 825,679 shares in Q2 2023. Although this may seem like a negative change, it's essential to remember that a slight decrease in holdings doesn't necessarily imply a lack of confidence. Markets are dynamic, and adjustments in holdings are a regular part of portfolio management.

These are just a few examples of the changes in holdings highlighted in the Phocas Financial Corp. report. The report provides valuable insights into the investment strategies and decisions of various funds. Investors and analysts use this data to gain a better understanding of market trends and to make informed investment choices.

It's worth noting that the report doesn't delve into the reasons behind these changes or the strategies employed by the funds. Each fund has its unique investment approach, and analyzing these changes requires a comprehensive understanding of their investment objectives.

Phocas Financial Corp.'s report serves as a valuable resource for investors looking to stay informed about the ever-changing landscape of the financial market. By regularly reviewing and analyzing holdings data, investors can gain insights into potential investment opportunities and trends.

In conclusion, the Q1 2023 vs. Q2 2023 13F Holdings Comparison report from Phocas Financial Corp. highlights the changes in holdings for various funds. Sterling Infrastructure Inc stood out with a significant increase in holdings, while other companies experienced both increases and decreases in holdings. Investors can use this data to make informed decisions about their portfolios and stay on top of market trends.